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20131202
20131210
Search Results 0 to 2 of about 3 (some duplicates have been removed)
analysis by graham and dodd, as well as warren buffett, who the tweeter said is a disciple of that school fund. i said go read it. actually go read this book. if you read security analysis you would never by a single stock, not one, not one in this market. the whole idea of graham and dodd is to buy a stock that is cheap in absolute terms, not relative once. trust me, that made a lot more sense in 1934 when the book was published right in the middle of the great depress. you had some once in a lifetime bargains back then. warren buffett, look at his portfolio. does ibm fit the pattern? no. exxon? they're both very expensive. amazon is not growing at all which makes it incredibly rich. that doesn't mean -- i have no interest in owning ibm because it has no growth. but exxon just had a terrific quarter and right now it is the best in the group, a total irony. more on those two later. as for amazon, it's rivaled only by elon musk duo, solar city and tesla. we do see stretch valuations everywhere. a whole list of analysts brought out twitter and a bunch wanted to buy it on a reasonable valuat
with the adp jobs report, so the bond markets were in a defensive position today. matthew graham at mortgage news daily told me bond traders got exactly what they expected. still, rates are decidedly higher now from where they were last week. what does that mean for housing. affordability is shrinking no question with rising home prices. that's the bad news. the good news in the jobs report is this. residential construction jobs grew in november taking the biggest monthly jump since july. more younger americans ages 25 to 34, first-time home buyers, went back to work after a dip in october although their emts employment is way too low. job growth in clobbered metros, those hard hit by the housing crash was ahead of national growth. that will help slow foreclosures further and boost home buying. hate to say it, tyler and sue, rates will not go much lower. they will likely go higher. >> diana olick in washington, thank you. >>> and while washington focuses on the budget, wall street sets its sites on today's job number and the fed taper timetable. in a "power lunch" exclusive, bring in ceo sha
Search Results 0 to 2 of about 3 (some duplicates have been removed)

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